Post
Topic
Board Announcements (Altcoins)
Re: [ANN] <808> 808% APR, 17%+ eligible after 8.08 days
by
cocojambo777
on 07/08/2017, 14:05:03 UTC
How many 808 coins are you guys staking with and how does your coin control look ? It sometimes takes more then 8 days. For me it takes 8 days I oon my wallet every 8 days for my reward and often leave it on for two days till it goes through. I think it's about your weight. Bit I can't help untill I get more info from you guys.

I'm staking with just four small amounts: 800, 4100, 2800, 4499.

It could take 6+ months to stake those small blocks. Block size = mining power. PoS is mining. The amount needed to stake quickly, fluctuates with the PoS difficulty. No penalty for large blocks, quicker staking means more compounding as well. I try to at least have hundreds of thousands in each block if not 1 million+.

I agree about it taking a long time to stake. However, I am not sure about the compounding. Dont we get around 2% interest per day if we dont get a stake in that day? It will result in the getting the same amount of coins, irrespective of when we get the reward, isnt it?